income tax
-
Income Tax
Discover 12 Tax-Free Income Sources for ITR Filing
July is here and it is time to submit your ITR! As is customary, income tax returns must be filed…
Read More » -
Income Tax
ITR AY25: Key Dates and Penalties for Late Filing
For the assessment year 2024–25 (FY24), the deadline for filing an income tax return (ITR) is July 31. Ignoring this…
Read More » -
Business
Beware And Avoid Costly Consequences of Income Tax Evasion
Tax evasion is illegal and can have serious repercussions. Be cautious while completing your income tax return and be aware…
Read More » -
Business
Key Points for Salaried Taxpayers to Note For Income Tax
Income tax (I-T) return filing deadlines of July 31 are drawing near, so taxpayers need to gather the paperwork, forms,…
Read More » -
Business
A Comprehensive Guide to Understanding Notices and Filing Responses
Income tax notices may cause anxiety in anybody. But do not worry! It’s a common element of completing your tax…
Read More » -
Business
10 Essential Documents Required for Income Tax Return Filing in Financial Year 2024-25
The income tax return filing for the fiscal year 2024-25 is going on both the online and offline options for…
Read More » -
Business
Comparing New vs. Old Tax Regimes, Which Income Tax Regime Is Best For You?
The income tax office has enabled e-filing forms for ITR-1, ITR-2, and ITR-4, marking the beginning of the online filing…
Read More » -
Business
Common Mistakes To Avoid While Filing The ITR
People find it very difficult and confusing to file their ITRs. However, some people may make errors when filing an…
Read More » -
Business
Steps To Verify The Authenticity Of Form 16
When your company deducts taxes from your pay, they issue you a certificate called Form 16. Before submitting your tax…
Read More » -
Business
Income Tax Department Introduces TIN 2.0 for Instant Credits and Refunds
The income tax department implemented a Tax Information Network (TIN 2.0) to improve the taxpayer experience on the e-filing platform.…
Read More » -
Business
Get Ready To Pay The Heavy Amounts If You Have Missed This Important Deadline!!
The payment date for the advance tax installment is September 15, 2023, and it can be paid both online and…
Read More » -
Business
Section 80P: Have You Received Notices For Inaccurate Tax Deduction Claims? Know About What The Income Tax Authorities Have To Say!!
The Income Tax Department has explained that notices addressed to various income taxpayers for incorrectly claiming tax deductions under Section…
Read More » -
Business
Guide to Successfully File Your Tax Return After The Deadline
Every eligible taxpayer is responsible for filing income tax returns. The deadline for filing income tax returns is usually the…
Read More » -
Business
Income Tax Guidelines for Social Media Platforms Income
According to several reports, the Income Tax department has reportedly given letters to social media influencers for paying zero or…
Read More » -
Business
Key Income Categories To Report While Filing Income Tax Return for 2023
The Income Tax Return (ITR) is a form that is used to declare net tax liabilities, claim tax deductions, and…
Read More » -
Investment
Tips To Keep In Mind While Filing Income Tax Return For First Time
Individuals who are submitting their first income tax returns may find the procedure intimidating. The government has recently made it…
Read More » -
Business
Ensure Maximum Income Tax Refund in 2023
As the deadline for filing income tax returns (ITR) approaches, it is important to understand how to obtain income tax…
Read More » -
Business
Advance and Self-Assessment Tax Information Missing from Prefilled Income Tax Forms
The income tax filing deadline is approaching soon, forcing tax experts to file the forms latest by July 31. The…
Read More »